TEAM PLC to acquire WH Ireland in £12.7m deal

TEAM PLC has announced a recommended acquisition of wealth manager WH Ireland in a £12.7m deal.

Headquartered in Jersey, the enlarged TEAM will serve private, intermediary, and institutional clients through discretionary investment management, financial planning and advisory services.

The acquisition has been supported by 61% of WH Ireland shareholders so far.

See also: Budget 2025: No respite from ‘most hated tax’ as IHT thresholds frozen again

If approved, the enlarged asset and wealth manager would have a market cap of £30.3m.

Each WH Ireland shareholder will receive 0.195 new TEAM shares for current share they hold.

Mark Clubb, executive chair of TEAM, said: “This transaction isn’t about handing over control — it’s about elevating it. We are inviting [WH Ireland]’s shareholders to join us not as sellers, but as strategic partners in a stronger, scalable platform.

“Together, we preserve what has been built, unlock liquidity, and create a future with scale, influence, and real growth. This is about moving from defence to opportunity — and winning as owners.”

This story was written by our sister-title, Portfolio Adviser